Planet Fitness, Inc. Reports Impressive Third Quarter Earnings Growth for 2025
Planet Fitness Inc. Third Quarter 2025 Results
Planet Fitness, Inc. (NYSE: PLNT) has recently disclosed its financial performance for the third quarter ending September 30, 2025. The results underscore the company's robust growth and strategic developments that are shaping its future trajectory.
Financial Highlights
During this quarter, Planet Fitness reported a significant revenue increase of 13.0%, reaching $330.3 million, compared to the $292.2 million recorded in the same period last year. The system-wide same club sales exhibited a strong growth of 6.9%. Notably, the company achieved system-wide sales of $1.3 billion, a bump from $1.2 billion in the prior year.
The net income attributable to Planet Fitness was reported at $58.8 million, equating to $0.70 per diluted share, marking an increase from the previous year’s net income of $42.0 million, or $0.50 per diluted share. The adjusted net income rose to $67.0 million, reflecting a 12.3 million growth compared to $54.7 million in 2024.
Furthermore, adjusted EBITDA climbed by $17.7 million, totaling $140.8 million, showcasing the company's operational efficiency and robust business model.
Expansion and Future Prospects
Planet Fitness has continued its expansion, opening 35 new clubs during the quarter (29 franchisee-owned and 6 corporate-owned), leading to a total of 2,795 clubs worldwide as of September 30, 2025. The thriving expansion strategy demonstrates the brand's commitment to making fitness accessible and appealing to a broader community.
CEO Colleen Keating remarked, "We are making significant progress in executing our long-term strategy, as highlighted by our strong financial performance during the quarter, which enabled us to raise certain growth targets for our 2025 outlook." This confidence is further bolstered by the recent agreement with franchisees to adjust their contributions to better serve marketing efforts and customer engagement, enhancing the member growth trajectory further.
Additionally, Planet Fitness distinguished itself by securing the 22nd rank and being the highest-rated fitness brand on Franchise Times' Top 400® list this year, reflecting both the strength of the brand and the dedication of its team members and franchisees.
Positive Financial Outlook
The company anticipates a net interest expense of around $86.0 million for 2025, while capital expenditures are projected to rise by approximately 20%. More critically, the revised growth outlook for the remainder of 2025 includes an expected same club sales growth rate of about 6.5%, revenue growth of approximately 11%, and an adjusted net income increase between 13% to 14%. The adjusted net income per share is also expected to see an increase in the range of 16% to 17%.
Conclusion
As Planet Fitness continues to expand and evolve within the global fitness landscape, the financial results and strategic initiatives presented in this quarter’s report indicate that the company is well-positioned for ongoing growth and success in the coming years. With a solid foundation and a clear vision for the future, Planet Fitness is not only enhancing shareholder value but also promoting a healthier society energized through fitness.